Clearwire Taps Additional $80M in Cash from Sprint

why finance clearwire

Sprint needs to cut clearwire off and choke them, stupid investors have their head in their rear on what they think clearwire is worth, if sprint quit pouring financial assistance in clearwire it would cease to exist

Because this buys them more access into CLWR and therefore more ability to take over the company. This move just closely aligns CLWR with Sprint's deal vs. Dish's offer (which isn't a real offer anyway).